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Tuesday, March 21, 2023

Lactasoy allots B600m to expand

Thai rock duo Paper Planes were chosen as presenters of Lactasoy soy milk.

Lactasoy Co, a producer and marketer of soy milk, is poised to resume investment this year as the soy milk market has shown signs of improvement since the final quarter of last year.

Monlika Chiraphadhanakul, the company’s general sales manager, said Lactasoy’s survey found the value of Thailand’s soy milk market increased to 19 billion baht last year, up from 16-17 billion in 2021.

Lactasoy sales grew 2-3% both domestically and overseas, helped by the easing of Covid-19 restrictions, especially with regard to border trade and the resumption of logistics.

The growth of the soy milk market last year was attributed to growing health consciousness during the…

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